'Group Led By U.S. Billionaire Todd Boehly Preparing A Securities Swap To Acquire Lukoil's Foreign Assets; A Bank Acting On Behalf Of The Consortium Has Purchased Billions Of Dollars Of Frozen Lukoil Securities From Western Investment Funds To Exchange For The Company's Foreign Assets' - Reuters Exclusive
Bank working for consortium has bought billions of dollars of Lukoil securities, two sources sayLukoil's international portfolio initially valued at $22 billionSale process has dragged on for over a yearLONDON, Nov
A group led by a U.S. billionaire is trying to buy a Russian oil company's foreign businesses. They are buying up frozen company papers to trade for these assets, showing interest in big oil deals.
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